State: Arkansas - AR
CMBS Loan Against Tornado-Destroyed Mall in Arkansas Gets Appraisal Reduction
Commercial Real Estate Direct Staff Report Mall at Turtle Creek in Jonesboro, Ark., which was heavily damaged by a tornado in early 2020, resulting in its near total demolition, has been hit with a total appraisal reduction amount of $16.32 ...
Park Plaza Mall in Little Rock, Ark., Gets Taken by CMBS Trust in Foreclosure
Commercial Real Estate Direct Staff Report The CMBS trust that held what most recently was a $74.16 million mortgage against the Park Plaza shopping mall in Little Rock, Ark., has taken the property through foreclosure. The loan, which had encumbered ...
Mountain Ranch Apartments
The deal was funded with a $36 million Freddie Mac loan provided by Grandbridge Real Estate Capital. The loan, with a seven-year term, was used to defease, or replace with government securities, an $18.7 million loan that was securitized through COMM, ...
Fayetteville, Ark., Apartments Trade for $49.5Mln
Commercial Real Estate Direct Staff Report Canyon View Capital has paid $49.5 million, or $137,119/unit, for the 361-unit Mountain Ranch Apartments in Fayetteville, Ark. The Santa Cruz, Calif., multifamily specialist bought the property from BSR REIT of Little Rock, Ark., ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
